Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$420M |
| 2 |
Zoom
ZM
|
+$370M |
| 3 |
Uber
UBER
|
+$267M |
| 4 |
Intel
INTC
|
+$247M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$143M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$421M |
| 2 |
AbbVie
ABBV
|
+$266M |
| 3 |
Amgen
AMGN
|
+$212M |
| 4 |
PPLI
People Inc
PPLI
|
+$207M |
| 5 |
Eli Lilly
LLY
|
+$100M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.49% |
| 2 | Healthcare | 14.08% |
| 3 | Financials | 12.39% |
| 4 | Consumer Discretionary | 12.01% |
| 5 | Communication Services | 9.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAT
1351
American Assets Trust
AAT
$1.4B
| $25.3M | 0.01% |
1,052,011
+36,945
| +4% | +$959K |
|
1352
Simmons First National
SFNC
$3.39B
| $25.3M | 0.01% |
1,597,795
-21,052
| -1% | -$352K |
|
|
CSII
1353
DELISTED
Cardiovascular Systems, Inc.
CSII
| $25.3M | 0.01% |
643,692
+33,437
| +5% | +$1.08M |
|
1354
Fulton Financial
FULT
$4.64B
| $25.3M | 0.01% |
2,714,046
-26,073
| -1% | -$256K |
|
|
PPBI
1355
DELISTED
Pacific Premier Bancorp
PPBI
| $25.3M | 0.01% |
1,256,446
+14,696
| +1% | +$311K |
|
|
FLOW
1356
DELISTED
SPX FLOW, Inc.
FLOW
| $25.2M | ﹤0.01% |
589,369
-15,814
| -3% | -$660K |
|
1357
Minerals Technologies
MTX
$2.34B
| $25.2M | ﹤0.01% |
492,529
-30,690
| -6% | -$1.52M |
|
1358
Sabre
SABR
$835M
| $25.1M | ﹤0.01% |
3,863,213
+162,001
| +4% | +$1.2M |
|
1359
Hancock Whitney
HWC
$6.24B
| $25.1M | ﹤0.01% |
1,334,346
-63,820
| -5% | -$1.25M |
|
1360
Rogers Communications
RCI
$18.6B
| $25.1M | ﹤0.01% |
631,864
+14,551
| +2% | +$597K |
|
|
THS
1361
DELISTED
Treehouse Foods
THS
| $25.1M | ﹤0.01% |
618,346
-22,430
| -4% | -$954K |
|
|
COOP
1362
DELISTED
Mr. Cooper
COOP
| $25M | ﹤0.01% |
1,120,362
-12,346
| -1% | -$213K |
|
|
EPAY
1363
DELISTED
Bottomline Technologies Inc
EPAY
| $25M | ﹤0.01% |
593,061
-8,852
| -1% | -$420K |
|
1364
ASML
ASML
$669B
| $25M | ﹤0.01% |
67,653
-356
| -0.5% | -$133K |
|
|
CALY
1365
Callaway Golf Company
CALY
$3.14B
| $25M | ﹤0.01% |
1,304,567
-28,396
| -2% | -$534K |
|
1366
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| – | – |
0
| – | – |
|
1367
Independent Bank
INDB
$3.97B
| $24.9M | ﹤0.01% |
475,964
-18,210
| -4% | -$1.13M |
|
1368
Kodiak Sciences
KOD
$2.84B
| $24.9M | ﹤0.01% |
421,018
+692
| +0.2% | +$34.7K |
|
|
BECN
1369
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $24.9M | ﹤0.01% |
802,269
-142,606
| -15% | -$4.3M |
|
1370
Dana Inc
DAN
$3.06B
| $24.9M | ﹤0.01% |
2,022,659
-72,014
| -3% | -$936K |
|
1371
Atlantic Union Bankshares
AUB
$5.97B
| $24.9M | ﹤0.01% |
1,165,987
-640
| -0.1% | -$14.6K |
|
1372
Hilton Grand Vacations
HGV
$3.55B
| $24.9M | ﹤0.01% |
1,186,371
-32,332
| -3% | -$689K |
|
1373
Viasat
VSAT
$11.1B
| $24.9M | ﹤0.01% |
722,985
-6,186
| -0.8% | -$234K |
|
|
SFBS
1374
ServisFirst Bancshares
SFBS
$4.86B
| $24.9M | ﹤0.01% |
730,254
-30,172
| -4% | -$1.08M |
|
1375
International Bancshares
IBOC
$4.57B
| $24.8M | ﹤0.01% |
952,589
-7,162
| -0.7% | -$219K |
|
Similar funds
Geode Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Geode Capital Management held 4,244 positions worth $510B, up 9.2% from $467B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Geode Capital Management's Q3 2020 filing shows 144 new, 2,112 increased, 1,496 reduced and 90 closed positions. Its largest new stake was Snowflake: 195,170 shares worth $48.9M. The largest sale was Apple, an estimated $421M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q3 2020 buy was Snowflake: 195,170 shares worth $48.9M.
- Geode Capital Management added most to Amazon in Q3 2020, an estimated $420M increase.
- Geode Capital Management's biggest Q3 2020 reduction was Apple, cutting an estimated $421M.
- Geode Capital Management fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $84.5M.
- Geode Capital Management's ten largest holdings make up 23% of its $510B portfolio in Q3 2020.
- Geode Capital Management opened 144 new positions and closed 90 in Q3 2020.
- Geode Capital Management's portfolio value rose 9.2% quarter-over-quarter to $510B.
Based on Geode Capital Management's 13F filing for Q3 2020, filed 13 Nov 2020.